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1517 Fawcett Ave - Tacoma Core Development Site 1.42 Acres of Residential Land in Tacoma, WA 98402

Residential Land & Home Lots Washington Tacoma 1517 Fawcett Ave, Tacoma, WA 98402

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Investment Highlights

  • 1.42-Acre Development Site
  • Centralized Location in Core Tacoma
  • Transit-Oriented Development (T.O.D.) Opportunity
  • Market-Leading Modern Design
  • Entitled for 376 Units
  • Diminishing Supply

Executive Summary

Premier ±61,796 square foot development parcel entitled for an 8-story multifamily project at approximately 1517 Fawcett Avenue. Ideally situated within Tacoma’s vibrant downtown core, the Site sits just two blocks from the Tacoma Convention Center Link Light Rail Station, offering exceptional transit connectivity throughout the city of Tacoma’s employment, education, lifestyle, and retail corridors.

Property Facts

Sale Type Investment Proposed Use Multifamily
No. Lots 1 Total Lot Size 1.42 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Residential
Zoning DCC - Downtown Commercial Core
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 1.42 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning DCC - Downtown Commercial Core

1 Lot Available

Lot

Lot Size 1.42 AC
Lot Size 1.42 AC
1 1
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Source: Local Logic®

Property Taxes

Parcel Numbers
Multiple
  • 201509-0070
  • 201509-0050
  • 201509-0080
  • 201509-0120
  • 201509-0090
  • 201509-0150
  • 201509-0130
  • 201509-0140
  • 201509-0100
  • 201509-0011
  • 201509-0060
  • 201509-0110
 Improvements Assessment $241,653 CAD
Land Assessment $9,390,748 CAD Total Assessment $9,632,400 CAD

Property Taxes

Parcel Numbers
Multiple
  • 201509-0070
  • 201509-0050
  • 201509-0080
  • 201509-0120
  • 201509-0090
  • 201509-0150
  • 201509-0130
  • 201509-0140
  • 201509-0100
  • 201509-0011
  • 201509-0060
  • 201509-0110
Land Assessment
$9,390,748 CAD
Improvements Assessment
$241,653 CAD
Total Assessment
$9,632,400 CAD
(206) 826-5673

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 41392948

  • Date on Market: 2026-07-22

  • Last Updated:

  • Address: 1517 Fawcett Ave, Tacoma, WA 98402

The Downtown Tacoma Land Property at 1517 Fawcett Ave, Tacoma, WA 98402 is currently available. Contact Marcus & Millichap for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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1517 Fawcett Ave - Tacoma Core Development Site
(206) 826-5673 x

1517 Fawcett Ave - Tacoma Core Development Site

Melissa Fleming
(206) 826-5673

Nick Ruggiero
(206) 696-4413

Ryan Harmon
(206) 826-5726

Philip Assouad
(206) 826-5676

Giovanni Napoli
(206) 826-5675

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